Based on Auckland's North Shore, servicing Rodney and the wider Auckland region. The business operates a fleet of 46 transportable cabins, with 36 currently rented, generating approx. $6,000 per week in recurring rental income, equivalent to more than $312,000 in annualised rental revenue.
Cabins are typically rented for periods of 3-12 months, providing a stable recurring income stream with relatively low ongoing customer management. With 10 cabins currently available for rent and a consistent pipeline of new enquiries, there is further opportunity to increase utilisation and rental income.
The operation has been deliberately structured to be simple and low touch, with approx. four deliveries and four collections occurring each month. The business is also an approved WINZ supplier.
The total fleet has an indicative market value of approx. $1.24 million + GST, providing substantial tangible asset backing and an alternative pathway to realise value through individual cabin sales if required.
There may also be flexibility around the transaction structure and number of cabins acquired at settlement, allowing a purchaser to align their initial investment with the income-producing fleet and acquire additional cabins as required.
Key Highlights:
• Recurring 3-12 month rental agreements
• WINZ-approved supplier
• Consistent pipeline of new enquiries
• Can remain low touch and contractor-managed, or provide greater earnings for a hands-on owner
• North Shore based, servicing Rodney and the wider Auckland market
• Further upside as utilisation continues to increase
Price $1,250,000
For a confidential discussion and further information, contact:
Travis Sherlock - 021 0222 7719 or travis.sherlock@abcbusiness.co.nz
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